Susquehanna International Group Portfolio holdings
Susquehanna International Group (SIG), founded in 1987 by Jeff Yass and a group of friends, is a privately held global quantitative trading and technology firm headquartered in Bala Cynwyd, Pennsylvania. Specializing in trading equities, fixed income, commodities, derivatives, and ETFs, SIG has grown into a major market maker, handling around 600 equity options and 45 index options across exchanges like the CBOE, while employing over 3,000 people worldwide. The firm leverages a data-driven, probabilistic approach—rooted in the founders’ poker-playing days—to provide liquidity and competitive pricing in financial markets, with additional ventures in private equity, venture capital (notably an early investment in ByteDance, TikTok’s parent company), and sports betting analytics. Known for its innovative culture and use of game theory, SIG operates offices across North America, Europe, Asia, and Australia, maintaining a low-profile yet influential presence in global finance.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$1.17B |
| 2 |
Netflix
NFLX
|
+$753M |
| 3 |
JPMorgan International Research Enhanced Equity ETF
JIRE
|
+$749M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$662M |
| 5 |
Walmart Inc
WMT
|
+$405M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.08B |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$426M |
| 3 |
Meta Platforms (Facebook)
META
|
+$372M |
| 4 |
TSMC
TSM
|
+$331M |
| 5 |
Pinduoduo
PDD
|
+$319M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.7% |
| 2 | Consumer Discretionary | 0.84% |
| 3 | Communication Services | 0.67% |
| 4 | Financials | 0.66% |
| 5 | Healthcare | 0.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
7426
Satellogic
SATL
$892M
| $897K | ﹤0.01% |
479,661
+223,164
| +87% | +$482K |
|
7427
CALL
Viridian Therapeutics
VRDN
$2.5B
| $896K | ﹤0.01% |
28,800
+19,000
| +194% | +$521K |
|
7428
Carlyle Secured Lending
CGBD
$781M
| $896K | ﹤0.01% |
+71,754
| New | +$893K |
|
7429
News Corp Class B
NWS
$17.9B
| $896K | ﹤0.01% |
30,236
-38,640
| -56% | -$1.15M |
|
7430
CareDx
CDNA
$2.34B
| $896K | ﹤0.01% |
47,545
-30,607
| -39% | -$513K |
|
|
SFIX
7431
Stitch Fix
SFIX
$479M
| $896K | ﹤0.01% |
170,607
+126,273
| +285% | +$576K |
|
|
ACB
7432
PUT
Aurora Cannabis
ACB
$233M
| $895K | ﹤0.01% |
212,200
-343,100
| -62% | -$1.68M |
|
|
BLUX
7433
Bluemonte Dynamic Total Market ETF
BLUX
$595M
| $895K | ﹤0.01% |
+31,911
| New | +$888K |
|
7434
World Kinect Corp
WKC
$1.85B
| $895K | ﹤0.01% |
38,199
+8,505
| +29% | +$210K |
|
7435
PUT
Dianthus Therapeutics
DNTH
$6.49B
| $894K | ﹤0.01% |
21,700
-151,500
| -87% | -$5.87M |
|
|
CBTJ
7436
Calamos Bitcoin 80 Series Structured Alt Protection ETF - January
CBTJ
$24.5M
| $894K | ﹤0.01% |
40,869
+8,079
| +25% | +$205K |
|
7437
Green Dot
GDOT
$771M
| $894K | ﹤0.01% |
69,751
-75,802
| -52% | -$942K |
|
7438
ProKidney
PROK
$278M
| $893K | ﹤0.01% |
398,880
+143,876
| +56% | +$378K |
|
7439
CALL
Phreesia
PHR
$759M
| $893K | ﹤0.01% |
52,800
-22,300
| -30% | -$460K |
|
7440
CALL
Mama's Creations
MAMA
$802M
| $893K | ﹤0.01% |
66,200
-5,200
| -7% | -$59.8K |
|
7441
Invesco Dorsey Wright Consumer Cyclicals Momentum ETF
PEZ
$22.3M
| $892K | ﹤0.01% |
8,583
+514
| +6% | +$51.3K |
|
7442
Pediatrix Medical
MD
$2.16B
| $892K | ﹤0.01% |
41,695
+20,204
| +94% | +$414K |
|
|
NSEP
7443
Innovator Growth-100 Power Buffer ETF - September
NSEP
$33.2M
| $892K | ﹤0.01% |
30,522
+10,402
| +52% | +$301K |
|
7444
WisdomTree International AI Enhanced Value Fund
AIVI
$63.5M
| $891K | ﹤0.01% |
17,146
+4,510
| +36% | +$228K |
|
7445
PUT
Coursera
COUR
$1.53B
| $891K | ﹤0.01% |
121,100
-31,000
| -20% | -$270K |
|
|
DGXX
7446
Digi Power X Inc
DGXX
$391M
| $891K | ﹤0.01% |
+349,282
| New | +$1.31M |
|
|
IEDI
7447
DELISTED
iShares US Consumer Focused ETF
IEDI
| $891K | ﹤0.01% |
16,178
-7,301
| -31% | -$402K |
|
7448
PUT
Bruker
BRKR
$8.79B
| $890K | ﹤0.01% |
18,900
-169,800
| -90% | -$7.18M |
|
7449
Perella Weinberg Partners
PWP
$1.29B
| $890K | ﹤0.01% |
51,466
-5,055
| -9% | -$94.3K |
|
|
BTGD
7450
STKd 100% Bitcoin & 100% Gold ETF
BTGD
$43.5M
| $890K | ﹤0.01% |
25,924
-14,040
| -35% | -$556K |
|
Similar funds
Susquehanna International Group's Q4 2025 Portfolio in Review
As of Q4 2025, Susquehanna International Group held 14,094 positions worth $868B, down 0.79% from $875B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Susquehanna International Group's Q4 2025 filing shows 1,864 new, 4,890 increased, 5,380 reduced and 1,914 closed positions. Its largest new stake was iShares Core MSCI Total International Stock ETF: 1,468,872 shares worth $124M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $2.08B.
By sector, the portfolio is most concentrated in Technology at 1.7% of assets, down from 1.7% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Susquehanna International Group's largest Q4 2025 buy was iShares Core MSCI Total International Stock ETF: 1,468,872 shares worth $124M.
- Susquehanna International Group added most to Invesco QQQ Trust in Q4 2025, an estimated $1.17B increase.
- Susquehanna International Group's biggest Q4 2025 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $2.08B.
- Susquehanna International Group fully exited Innovator US Equity Power Buffer ETF September in Q4 2025, selling an estimated $26.5M.
- Susquehanna International Group's ten largest holdings make up 24% of its $868B portfolio in Q4 2025.
- Susquehanna International Group opened 1,864 new positions and closed 1,914 in Q4 2025.
- Susquehanna International Group's portfolio value fell 0.79% quarter-over-quarter to $868B.
Based on Susquehanna International Group's 13F filing for Q4 2025, filed 17 Feb 2026.